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What are the steps to follow when buying futures contracts on BitMEX?

avatarKiran TamangDec 19, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to buy futures contracts on BitMEX?

What are the steps to follow when buying futures contracts on BitMEX?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    Buying futures contracts on BitMEX is a straightforward process. Here's what you need to do: 1. Open an account on BitMEX and complete the necessary verification steps. 2. Deposit funds into your account. 3. Navigate to the 'Trade' section and select 'Futures'. 4. Choose the futures contract you wish to purchase. 5. Specify the quantity and price at which you want to buy the contract. 6. Review your order details and confirm the purchase. 7. Wait for the order to be executed. 8. Monitor your position and manage it accordingly. If you have any more questions, feel free to ask!